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617 W Memorial Dr, Muncie, IN, 47302

9beds
5baths
1,134sqft
$199,900
$176price/sqft
$1,819/moest. monthly cost
$72,760/yrincome needed

About This Home

Sale includes the following properties; 617 W Memorial Dr (Unit #1) - 904 E 13th St. (Parcel # 181122201005000003 - Unit #2) - 2025 S Mulberry (Parcel # 181122105017000003 - Unit # 3). This package would be a great addition to your portfolio.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

3/10
3/10
Muncie Central High SchoolGrades PK-121.6 mi
2/10
Wilson Middle SchoolGrades 6-81.6 mi

Construction

Condition

  • Year built: 1918

Materials

  • Foundation: Other,Basement
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Flooring: Mixed
  • Finished area below ground: 0
  • Finished area above ground: 1,134

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,498
  • Total interior livable area: 1,134 sqft

Property

Details

  • Parcel number: 181121205006000003

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 4,791 sqft
  • Features: Level
  • Lot size dimensions: 40x125

Parking

  • Total spaces: 2
  • Parking features: Detached,Off Street Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Hail
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,010$12,120
Home Insurance *$292$3,504
Property Taxes $333$3,996
Electricity $184$2,212
Total$1,819$21,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,365/yr
40% on housing$54,570/yr
45% on housing$48,506/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$176This listing

vs Other Active Listings

Avg $/sqft

ZIP 47302$55
Delaware County$90

vs Homes Sold Last Month

Median $/sqft

ZIP 47302$86
Delaware County$105

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-22Price change$219,900
2026-03-18Listed for sale$224,000
2024-03-23Listing removed--
2024-02-24Listed for rent$900
2023-02-01Listing removed$56,000
2022-12-13Listed for sale$56,000
2019-11-26Listing removed$700
2019-10-30Price change$700
2019-09-18Price change$750
2019-08-28Price change$799
2019-08-08Listed for rent$850
2005-04-26Sold$3,000

For Sale by Agent

AgentRyan Kramer
BrokerageRE/MAX Real Estate Groups

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